Dutch Bros Inc. (NYSE:BROS) Q3 2022 Results Conference Call November 9, 2022 5:00 PM ET
Company Participants
Paddy Warren - Investor Relations
Joth Ricci - President and CEO
Charley Jemley - CFO
Conference Call Participants
Andrew Charles - Cowen
Sara Senatore - Bank of America
David Tarantino - Baird
John Ivankoe - JP Morgan
Nicole Miller - Piper Sandler
Jeffrey Bernstein - Barclays
Sharon Zackfia - William Blair
Patrick Johnson - Stifel
Operator
Greetings, and welcome to the Dutch Bros Inc. Third Quarter 2022 Conference Call [Operator Instructions]. As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Paddy Warren. Thank you and you may begin.
Paddy Warren
Good afternoon, and welcome. I'm joined by Joth Ricci, President and CEO; and Charley Jemley, CFO. We issued our earnings press release for the quarter ended September 30, 2022, after the market closed today and we'll file our 10-Q in the upcoming days. The earnings press release, along with the supplemental information deck, have also now been posted to our investor relations Web site at investors.dutchbros.com, and we will post our 10-Q there as well when it is available.
Please be aware that all statements in our prepared remarks and in response to your questions other than those of historical facts, including statements regarding our future results or financial condition, strategies, plans and objectives, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are inherently subject to risks, uncertainties and assumptions. They are not guarantees of performance and are expressly qualified in their entirety by cautionary statements. These forward-looking statements are made as of today's date.
Except as otherwise required by law, we are under no obligation to update these forward-looking statements to reflect subsequent events, circumstances, new information, actual results, revised expectations or the occurrence of unanticipated events. We may not actually achieve any plans, intentions or expectations disclosed in our forward-looking statements, and therefore, no one should place undue reliance upon them. For more details, please refer to our earnings press release and to the risk factors in our annual report on Form 10-K for the year ending December 31, 2021, filed with the SEC on March 11, 2022, and our upcoming quarterly report on Form 10-Q for the period ending September 30, 2022, which will be similarly filed with the SEC. We will also reference non-GAAP financial measures on today's call to enhance investors' overall understanding of our financial performance. These non-GAAP financial measures maybe different than the non-GAAP financial measures used by other companies. As a reminder, non-GAAP financial measures are neither substitutes for, nor superior to, measures that are prepared under GAAP. When evaluating our business, please do not rely on any single measure. You can also review the reconciliation of non-GAAP financial measures to comparable GAAP results in our earnings press release.